At the age of 27 I still don't see everyones logic in the way they handle things.

This may sound ridiculous to you, yet to me I do not understand it.What is the Logic of putting your mug shot on everything RE agents do?

Yeah, because it defies logic.

Hmm, I don't see your logic.

Mike So using this logic, a true 12 cap rate with a 1million dollar 10 year fully amortized note that has $10,000 cash flow a month is worse then a true 8 cap rate with 5 year interest only balloon payment loan with $11,000 cash flow a month?

This seemed to be the most logical place to begin my search

People make very bad decisions based on emotion.Get educated about the local laws and your recourse and make a logical decision.Good luck!

Though I understand the logic of what you are talking about, there are some incorrect details there.

It's not that I'm so worried about the splits.I guess I'm more curious about the logic that goes behind setting up a split schedule.

I'm still trying to figure it out, but my logic says this: We negotiate the sale price of the house NOW, and the renter is to BUY the option to purchase the house within say 2 years, for a "down payment" of say $5,000.